| Business credit cards | Corporate credit cards | |
|---|---|---|
| Who’s liable? | The business owner usually signs a personal guarantee, making themself liable for all debt (including any debt charged by employee cardholders). | The business owner is typically not required to assume liability for the debt (liability instead rests with the business entity). Employee cardholders may be partially liable for debt. |
| Who’s eligible? | All business types, including informal and unregistered businesses. There is usually no required business size, business credit score or revenue. | Established corporations with multi-million dollar annual revenue, good business credit and the ability to meet a high spending threshold. Specific requirements will vary by issuer. |
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Our finance blog is your go-to resource for expert financial advice, covering everything from personal budgeting and saving strategies to smart investing and market analysis. Stay updated with the latest trends, tips, and insights to help you make informed decisions and achieve financial success.
Popular Post
© 2025 incapitalquest.com – All rights reserved.